$ASTER There’s something interesting here.
At 15m, suddenly a volume spike pulled up to 4.29x. The price hugged the upper boundary of nearly 20 of the 5m candles and then broke through directly, with aggressive taker volume about +9.2% and a buy/sell ratio of 1.20—clearly someone is sweeping upward.
More importantly, OI: at 15m +0.26%, at 1h +0.51%. Nominal changes added up quickly to about 3M U, with an abnormal percentile of 98.2%. In the whole pool it ranks 6th. This isn’t short-covering—it’s newly added leveraged long positions entering the market.
The funding rate also pushed up to a high recent percentile and has been sustained across several consecutive cycles. Over 24h, turnover was 54.84M, and the order-book depth confirms it sufficiently.
This kind of structure either keeps forcing a squeeze higher, or the market is at a short-term sentiment extreme. I’m inclined to first see whether it can hold and stand firm on the upper boundary of this range. If it can’t, then it’s a false breakout.
At 15m, suddenly a volume spike pulled up to 4.29x. The price hugged the upper boundary of nearly 20 of the 5m candles and then broke through directly, with aggressive taker volume about +9.2% and a buy/sell ratio of 1.20—clearly someone is sweeping upward.
More importantly, OI: at 15m +0.26%, at 1h +0.51%. Nominal changes added up quickly to about 3M U, with an abnormal percentile of 98.2%. In the whole pool it ranks 6th. This isn’t short-covering—it’s newly added leveraged long positions entering the market.
The funding rate also pushed up to a high recent percentile and has been sustained across several consecutive cycles. Over 24h, turnover was 54.84M, and the order-book depth confirms it sufficiently.
This kind of structure either keeps forcing a squeeze higher, or the market is at a short-term sentiment extreme. I’m inclined to first see whether it can hold and stand firm on the upper boundary of this range. If it can’t, then it’s a false breakout.